Business News

AOL-joystiq-012715.jpgAOL Inc. (AOL) is likely to shutter its primary video game site Joystiq, part of an extensive house-cleaning of its underperforming content properties that is taking place over the next weeks, Re/Code reported, citing numerous sources. Joystiq was founded in 2004 as an extension of Engadget and as...

Bristol-Myers Q4 Profit Plunges On Non-cash Charge; Sees 2015 EPS Below View

Bristol-Myers Squibb Co. (BMY) reported the fourth quarter net earnings attributable to the company of $13 million, or $0.01 per share, down from $726 million, or $0.44 per share, a year ago. The results in the quarter include an after-tax $0.28 per share impact of a non-cash charge resulting from the...

Bristol-Myers Q4 Results Top Estimates, But Issues Weak 2015 Outlook

Biopharmaceutical firm Bristol-Myers Squibb Co. reported Tuesday a profit for the fourth quarter that plummeted from last year, hurt by higher restructuring and pension-related charges as well as revenue decline. However, adjusted earnings per share and quarterly revenues topped analysts' expectations. The company also provided earnings and revenue guidance for the fiscal 2015, below Street view.

U.S. Consumer Confidence Improves To Seven-Year High In January

Consumer confidence in the U.S. has seen a substantial improvement in the month of January, according to a report released by the Conference Board on Tuesday, with the consumer confidence index jumping to its highest level in over seven years.

Allete To Buy U.S. Water Services

Allete, Inc. (ALE) said Tuesday that it has agreed to buy U.S. Water Services, Inc., an integrated industrial water management company. Allete will initially purchase 87% of U.S. Water for $168 million, based on a total implied enterprise value of $194 million. Current employees and management of...

JPS Industries Advises Shareholders To Take No Action Pending Review Regarding Handy & Harman Offer

Courier Confirms Receipt Of Unsolicited Proposal From R.R. Donnelley & Sons


Graco Inc. (GGG) Has Set A 3-Month Low After Weak Q4 Report

Graco Inc. (GGG) reported fourth quarter EPS of $0.80 after the bell Monday, compared to $0.71 in the previous year. The consensus estimate was for EPS of $0.84. Graco gapped open lower Tuesday morning and has continued to decline in early trade. The stock is now down 4.57 at $72.60 and has dropped to a 3-month low.

Zosano Pharma Prices IPO Of 4.50 Mln Shares At $11 Per Share

Zosano Pharma Corp. (ZSAN) Tuesday reported the pricing of its initial public offering of 4.5 million shares of common stock at a price to the public of $11.00 per share. The shares are scheduled to begin trading on the NASDAQ Capital Market under the ticker symbol "ZSAN" on January 27. All of...

Lockheed Martin Q4 14 Earnings Conference Call At 11:00 AM ET

Lockheed Martin Corp. (LMT) will host a conference call at 11:00 AM ET on January 27, 2015, to discuss Q4 14 earnings results. To access the live webcast log on to http://phx.corporate-ir.net/phoenix.zhtml?c=83941&p=irol-EventDetails&EventId=5179016
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Economic Calendar
01/27/15 10:0New Home Sales - Median PricesDEC United States
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01/27/15 10:0Richmond Fed Manufacturing IndexJAN United States
01/27/15 10:0FOMC Meeting- United States
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